Applications for U.S. state unemployment insurance fell last week to the lowest since 1969 as employers desperately try to hang onto workers amid near-record job openings and depressed labor-force participation.

Nonfarm payrolls for the month grew by 678,000 and the unemployment rate was 3.8%, the Labor Department reported Friday.

Fewer Americans applied for unemployment benefits last week reflecting a low number of layoffs across the economy. Jobless claims fell by 18,000 to 215,000 for the week ending February 26, from 233,000 the previous week, the Labor Department reported Thursday. The four-week average for...

Jobless claims fell by 18,000 to 215,000 for the week ending Feb. 26, from 233,000 the previous week

Job openings outnumbered available workers by nearly 5 million in January, the Labor Department reported Wednesday.

WASHINGTON >> In a buoyant sign for the U.S. economy, businesses stepped up their hiring last month as omicron faded and more Americans ventured out to spend at restaurants, shops and hotels despite surging inflation.

U.S. hiring boomed in February, while wage growth slowed, showing a strong labor market that likely keeps the Fed on track to raise rates this month

U.S. Job Growth More Than Forecast in February, ADP Data Show

WASHINGTON — U.S. businesses stepped up their hiring last month as the omicron faded and more Americans ventured out to spend at restaurants, shops, and hotels despite surging inflation.

U.S. hiring boomed in February while wage growth slowed, showing a robust labour market that likely keeps the Fed on track to raise interest rates this month.

U.S. employers added 678,000 jobs in February, another solid gain that underscored the economy's robust health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation.

US employers added 678,000 jobs in February far more than economists expected – in a sign that businesses are returning to normal operations as COVID-19 case totals drop following the Omicron...

Growth in US non-farm payrolls accelerated unexpectedly last month, led by hiring in the Leisure and Hospitality as well as in the Education and Health Services sectors.

Over the past 12 months, average hourly earnings have increased by 5.1 per cent.

Unemployment in the U.S. dropped to 3.8% while the economy added 678,000 in February —the largest number since summer 2021. The recovery of the travel and restaurant industries was one key driver as Omicron cases saw a significant decline.